# Bitcoin Recovery Faces Higher Treasury Yields After Fed Rate Hike

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25082
Published: 2026-09-28T21:08:04.000Z
Updated: 2026-09-28T21:08:04.000Z
Section: Investing

> The 10-year Treasury yield rose to 5.18% by Sept. 24, while the 30-year yield reached 5.47% as Bitcoin’s recovery continued.

Bitcoin’s recovery is facing a potential headwind from rising longer-term Treasury yields after the Federal Reserve lifted rates and the Senate rejected cloture on a motion to advance the CLARITY Act.

The Senate voted 49-50 on Sept. 15 to reject cloture on the motion to proceed to the CLARITY Act. The next day, the Federal Open Market Committee raised the federal funds target range by 25 basis points to 3.75%-4% in the Federal Reserve’s September rate decision, released at 2 p.m. ET (18:00 UTC).

Ten-year Treasury yields increased to 5.11% on Sept. 23 and 5.18% on Sept. 24, compared with 4.96% on Sept. 22. The 30-year yield rose from 5.29% to 5.40% and then 5.47% across the same three sessions.

Higher Treasury yields can increase the appeal of interest-bearing assets relative to Bitcoin, which does not pay a coupon or yield. That relationship makes rising yields a potential constraint on additional demand, but the available figures do not establish that the bond-market move caused Bitcoin’s price behavior.

Jonatan Randin, PrimeXBT’s senior market analyst, said, “The buying never stopped. It just got smaller as yields went up.”

Randin distinguished a scheduled rate decision from a broader bond-market selloff. “A hike is one decision with a known size. A bond selloff has no size, and the market decides how far it goes,” he said.

That distinction matters because a rate decision is typically assessed around a defined policy change, while longer-term yields can move as investors reassess inflation, economic growth, government borrowing and the supply of new debt. Bitcoin’s response to those forces may therefore differ from its response to a widely anticipated central-bank announcement.

The Treasury figures show that yields rose sharply across Sept. 23-24 while Bitcoin remained in a recovery phase. They support the view that higher rates may create a headwind for the cryptocurrency, but they do not show whether the move will slow or reverse the recovery.

## Links in this article

- [the Federal Reserve’s September rate decision](https://www.tokenpost.com/news/investing/23673)